On January 1, 2023, Ultra Vision Corp. issued $1,200,000 of 20-year 8% bonds that pay interest semiannually

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On January 1, 2023, Ultra Vision Corp. issued $1,200,000 of 20-year 8% bonds that pay interest semiannually on June 30 and December 31. Assume the bonds were sold at 

(1) 98; 

(2) 102. 

Journalize the issuance of the bonds at 98 and 102.

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Fundamental Accounting Principles Volume 2

ISBN: 9781260881332

17th Canadian Edition

Authors: Kermit D. Larson, Heidi Dieckmann, John Harris

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